Amazon India: 30,000 sellers became ‘lakhpatis’ during month-long Great Indian Festival sale

Ease of Doing Business for MSMEs: Amazon India, which has around 8.5 lakh sellers on its marketplace, on Sunday said nearly 30,000 sellers became ‘lakhpatis’ during the nearly month-long Great Indian Festival sale that began on October 3 for all customers. Moreover, Amazon said under its Local Shops on Amazon programme, wherein a physical store, retail store or a kirana store owner can sell to local customers through Amazon, 330 such sellers turned ‘lakhpatis’ while 12 of them became ‘crorepatis’. The company said Local-Shops-on-Amazon sellers clocked a 2X spike in goods sold from last year. Every year Amazon and Walmart’s Flipkart lead e-commerce sales during the festive season through their flagships events for customers to offer heavy discounts on products across categories.